DID ANNUAL REPORT 2023_24

Annual Report 2023-2024

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2024

21. Lease commitments 21.1 Operating leases

2023/24

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

364 603 345 554

30 763 395 366 23 313 368 867

Later than 1 year and not later than 5 years

Later than 5 years

-

-

-

Total lease commitments

710 157

54 076 764 233

2022/23

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - -

340 720

11 574 352 294

Later than 1 year and not later than 5 years

700 306 129 310 829 616

Later than 5 years

-

-

Total lease commitments

- 1 041 026 140 884 1 181 910

The Department is mandated to make provision for office accommodation and parking to all GPG Departments. Decrease in office accommodation committee is due to expired lease contract. Decrease in machinery and equipment related to expired contract between G-Fleet and DID, currently this contract runs on month-to-month basis.

21.2 Finance leases **

2023/24

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

- - - -

887

887

Later than 1 year and not later than 5 years

42

42

Later than 5 years

-

-

Total lease commitments

929

929

204

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT